Am just a newbie what do I know.
Good question.
Everything. Everything going exactly as foreseen.. sadly
How could you be gleeful? A no coiner who failed to buy.
Even if some guys might have had a $25k average entry point, these guys are still nearly 4x higher value than their costs.
I am not saying that you could have front-loaded your BTC investment
when you registered on the forum, and BTC prices were just under $11k on that day.
If you had started investing
$100 per week, you would have had invested $23k by now, and you would have accumulated nearly 0.7 BTC.. which surely would not be a bad place to be.
a JJG bet-
thought we would have some more time
before Bitcoin death
About 6 hours ago, the odds had seemed to be clearly in WatChe's favor until troubles stirred.. and the cornz are kind of like that, from time to time.... Things started to get shakey..... and perhaps now, the odds are getting in the 50/50 territories.. and maybe even looking rough to reverse.. since we know that trend is our friend, even when not liking it.. .. absent some BIG ASS, HIGH VOLUME bounce.. which, yeah, it could still happen.. Sure.. There's a chance.
I don't necessarily want to win this here wee widdo bet from poor widdo WatChe, but since two hours ago, we were merely $929 away from a resolution of the bet (as I type this post). That is not large in the whole scheme of things, since it does not really seem to be very much of a difference in the ballpark of 1.021687% -ish -- - give or take? It is not a BIG safety net (or price cushion).. and the game is not over yet.. There is still a chance..
I think people have the expectation that “mr v” will rollback the blockchain. As you said, he has done it before. I have a little ETH that I got many years ago and wouldn’t be opposed to them forking again. I’d probably immediately sell the unsupported chain’s coins and buy Bitcoin with them. I’m probably not alone, so I think that might be a positive for Bitcoin.
I recall saying at the time that they get to do it one (1) time. A second time establishes a pattern that destroys their credibility entirely. Of course, they may continue to soldier on as a speculative shitcoin but they'll never be able to restore confidence in their governance. Some might disagree and say that already happened at the first time and they may be right.
For anyone paying attention to that piece of shitcoin, they have well more than 3 fatal strikes already against them... so three strikes and your out.. but it takes a while to get out, it seems...
I know, I know, I know, if I start to list the three strikes, we may well easily get to more than 3... .. . I think that I have 4 off the top of my head... Dare I do it?.. I hate to be talking about shitcoins, but at least we are talking negatively about such shitcoin..
Here we go 4 strikes:
1) 2b]2015-ish premine [/b]of around 70%-ish of the issued coins, and failure/refusal to disclose exact quantity of coins and who gots them.. not that there is any exact need to know exactly who had gotten them.. but just a kind of idea might be helpful.
2) related to 1.. but still seems to be a sufficiently separate point -
no ability to audit the exact number of coins in existence at any given time, whether in the beginning, whether at any point between 2015 and now, whether now.
3)
2016- ish hard fork to reverse exploit in contract language (dao hardfork - which resulted in ETC as original chain)
4)
July 2022-ish conversion (or would it be hardfork?) to proof of stake
Poll
